DSM-Firmenich Balance Sheet Health
Financial Health criteria checks 5/6
DSM-Firmenich has a total shareholder equity of €23.1B and total debt of €4.4B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are €34.3B and €11.2B respectively.
Key information
19.2%
Debt to equity ratio
€4.42b
Debt
Interest coverage ratio | n/a |
Cash | €2.56b |
Equity | €23.07b |
Total liabilities | €11.20b |
Total assets | €34.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AC9's short term assets (€8.8B) exceed its short term liabilities (€4.5B).
Long Term Liabilities: 0AC9's short term assets (€8.8B) exceed its long term liabilities (€6.7B).
Debt to Equity History and Analysis
Debt Level: 0AC9's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 0AC9's debt to equity ratio has reduced from 33.7% to 19.2% over the past 5 years.
Debt Coverage: 0AC9's debt is well covered by operating cash flow (28.6%).
Interest Coverage: Insufficient data to determine if 0AC9's interest payments on its debt are well covered by EBIT.